Deals
Why Private Equity Is Betting on Your Online Shopping Habit
- Investors target businesses that enable web, mobile payments
- Record cash piles push buyout firms into new technology
Why Digital Payments Deals Are on the Rise
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Private equity firms, sitting on record piles of cash, are targeting a geeky corner of the online shopping industry as the next frontier in the hunt for returns.
Payment-processing companies, which make the technology that enables web and mobile purchases, are getting a flurry of investments this year as buyers look for ways to profit from the shift to online spending.